WASHINGTON STREET HOPE CENTER INC

EIN: 721157243 501(c)(3) Mental Health

MARKSVILLE, LA

Total Revenue
$2,437,753
Total Expenses
$1,846,663
Total Assets
$3,124,360
Net Assets
$3,091,805
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
LA
Principal Officer
BENJAMIN JAMES
Phone
3182538705
Tax Period
2024-07-01 to 2025-06-30

WASHINGTON STREET HOPE CENTER INC, founded in 1988, is a community nonprofit in the Mental Health sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $591K, a strong 24% operating margin.

Mission

THE WASHINGTON STREET HOPE CENTER IS A 28-DAY INPATIENT RESIDENTIAL SUBSTANCE ABUSE PROGRAM THAT TEACHES THE 12-STEPS OF ALCOHOLICS ANONYMOUS VIA THE INTERNATIONALLY RECOGNIZED PROGRAM OF RECOVERY DYNAMICS. THE HOPE CENTER IS LICENSED THROUGH THE DEPARTMENT OF HEALTH AND HOSPITALS AND HAS RECEIVED AN ACCREDITATION WITH CARF INTERNATIONAL. OUR MISSION IS TO PROVIDE BOTH MEN AND WOMEN WITH QUALITY TREATMENT THAT WILL ENABLE THEM TO FIND A NEW WAY OF LIFE WITHOUT GAMBLING, ALCOHOL, OR DRUGS AND TO RETURN TO SOCIETY A CLEAN, SOBER, AND PRODUCTIVE LIFESTYLE. THE CENTER ALSO OFFERS INTENSIVE OUT-PATIENT AND REHABILITATION GROUP THERAPY AND COUNSELING TO THOSE WHO HAVE COMPLETED THE INPATIENT PROGRAM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,414,879
Investment Income $22,874
Other Revenue $0
TOTAL REVENUE $2,437,753

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,029,288
Fundraising Expenses $0
Program Expenses $1,487,400
Other Expenses $817,375
TOTAL EXPENSES $1,846,663

Year-over-Year Comparison

2024 2023 Change
Revenue $2,437,753 $1,734,890 +0.4%
Expenses $1,846,663 $1,741,844 +0.1%
Net Income $591,090 $-6,954 -86.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
32
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENJAMIN JAMES PRESIDENT N/A
Officer
$0 $0 $0
WILLIAM WRIGHT JR VICE PRESIDE N/A
Officer
$0 $0 $0
DR BRYAN MCCANN BOARD MEMBER N/A
Director
$0 $0 $0
DONNA CULOTTA SECRETARY N/A
Officer
$0 $0 $0
HON WILLIAM BENNETT BOARD MEMBER N/A
Director
$0 $0 $0
BLAKE KNOLL BOARD MEMBER N/A
Director
$0 $0 $0
THERESA THEVENOT BOARD MEMBER N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,437,753 $1,846,663 $3,124,360 $591,090
2024 $1,734,890 $1,741,844 $2,528,221 $-6,954
2023 $1,955,518 $1,687,008 $2,760,420 $268,510
2022 $1,579,049 $1,591,471 $2,484,016 $-12,422
2021 $1,638,583 $1,413,464 $2,490,528 $225,119
2018 $2,011,409 $1,084,243 $1,685,133 $927,166
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